Business stories featured on GGD News
Profiles is where we put a spotlight on startups and entrepreneurs transforming the world. For our very first edition, we are featuring Pavegen; a company that produces renewable energy through electric floor tiles. Just by walking on a Pavegen block, you generate human kinetic energy which then gets converted into clean, off-grid electricity.
A group of Silicon Valley tycoons have been quietly buying land near San Francisco’s Bay Area. Their goal is to create a brand new city, complete with residential neighborhoods, a performing arts center, and orchards with over a million trees planted. Key investors include Reid Hoffman (the CEO of LinkedIn), Marc Andreessen, Chris Dixon, and former GitHub CEO Nat Friedman. The development project is being carried out by Flannery Associates, led by Jan Sramek a former finance whiz kid and Goldman Sachs trader. Over the past five years, the firm (created by the investor group) has been purchasing land near San Francisco and Silicon Valley in Solano County.
The Swedish audio company Urbanista just released its latest Bluetooth speaker; the Urbanista Malibu. Powered through light, the wireless speaker doesn’t need to be plugged in to recharge; and can be used indoors or outdoors. The Urbanista Malibu is made from recycled plastics and fibers, and uses Powerfoyle solar cell technology to function.
After publicizing new AI standards, Zoom has scrambled to updated its Terms of Service (TOS) twice. In late July, the video conferencing company added Artificial Intelligence terms that would require access to “Customer Content” (transcript data from video and audio calls). At first, Zoom didn’t give users the opportunity to option out.